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ATC Managers, LLC Closes $23,000,000 Mixed-Use Retail & Residential Loan

Aug 12, 2022

1 min read


ATC Managers, LLC Closes $23,000,000 Mixed-Use Retail & Residential Loan
ATC Managers, LLC Closes $23,000,000 Mixed-Use Retail & Residential Loan

The Client's decision to seek refinancing for a recently renovated mixed-use property, comprising a commercial space on the first floor and 24 upscale apartments above, stemmed from the completion of construction and the necessity to transition from a significant construction loan. Despite the property not being fully stabilized yet, the Client, who was a foreign national, approached us with the challenge of securing a refinancing solution that would suit their unique circumstances. Our ability to offer funding at a competitive rate and flexible term not only met the Client's immediate financial needs but also demonstrated our expertise in navigating complex real estate transactions. By understanding the Client's specific requirements and leveraging our experience in dealing with diverse clientele, we were able to tailor a financing package that aligned with their goals and set them on a path towards long-term success in managing their investment.

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Disclaimers: ATC Managers, LLC makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. ATC Managers, LLC does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property type, or other applicable considerations, and are subject to change at any time without notice. Furthermore, any Commitment Letter issued by ATC Managers, LLC shall, at ATC Managers, LLC’s discretion, be subject to revocation, modification and cancellation up and to the moment the transaction is completed. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of ATC Managers, LLC, and all terms are expressly subject to ATC Managers, LLC‘s credit, legal, and investment approval process.

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